Website :https://rockchain.org/
Rockchain – A distributed data intelligence platform
The blockchain technology is gaining momentum and is being considered to make a platform for Global Machine currencies. The cryptocurrencies are on the verge between the fiat and the non-fiat currencies. Companies are still in the dilemma of choosing public or private blockchain for their future revenue model. While the private blockchain has the benefits of crypto privacy and data access rights, public blockchain would be a benefit for the global network of resources, as World Wide Web is for the internet.
Rockchain is inspired by innovative distributed frameworks and sets a new platform for the heterogeneous infrastructure. It ensures simplicity and uniformity for distributed platform nodes and believes that all the nodes in the distributed system should have the same code base.
Identified Problem
Centralized Intelligence is not a sustainable model, as it heavily relies on the centralized owner and depriving the individuals to be creative. The distributed cloud is misunderstood for distributing the queue for the computational tasks but the real structure is about creating the infrastructure where distinct economical transactions can freely transact with each other.
Ethereum blockchain is a gold mine technology for the performing economical transactions between distinct users. Merging the ethereum with the cloud will be the emergence for crypto token exchanges in the cloud environment. The trade-off of ethereum is the storage cost is extremely high (more than $100,000 for one Giga-byte) and there is no data privacy in anyway so far.
The proposed solution
The Rockchain helps decide between the private public blockchain with its two core features.
An access right checker which manages the rights for peer to peer node connections.
A script engine which can process private data without affecting the data privacy.
It adopts a new protocol called the “Proof of computation” which audits through hash. Rockchain is generating revenue through the datascript naming service. It also maintains the image registry and also earns a micro-fee each time an operation is performed.
Rockchain Framework
Rockchain maintains the distributed access system for defining the strategy of each datafolder dAppBox. The three groups of user in the Rockchain access system are
Local Nodes Group: These nodes in the corporate network use the UDP protocol
without any support for the internet connections
Peer Nodes Group: They are connected to the internet and use the corporate
network. These nodes are accredited by the dAppBox to connect to the ethereum
smart contract
Other nodes group: These groups contain all the dAppBox connected to the
Rockchain infrastructure. The attributes like Read, write and execute form the access
rights in the folder groups.
Rockchain Integration
DNS (Datascript Naming Service) is a distributed collection of Rockchain datascripts. The user defines a fixed price in ROK tokens. RockEngine nodes communicate with one another using the RETE algorithm. The Rockchain has created the developed version of dAppBox which can be launched on any Operating System. The statistics of the smart contract events can be displayed in the business intelligence reporting tool called the DashRock project.
Roadmap
Rockchain is planning for three Edition release which are packed with independent features in the coming years of 2018 and 2019. Rockchain thus becomes the platform for innovative distributed frameworks and heterogeneous infrastructure for Cryptocurrencies.
For more information visit:
Website :https://rockchain.org/
Whitepaper : https://rockchain.org/RockchainWhitePaper.pdf
Writer : Karanj
Profile : https://bitcointalk.org/index.php?action=profile;u=1030341